Sandler O’Neill: Southern First Bancshares (NASDAQ:SFST) Hit “Hold” From “Buy”.

June 27, 2018 - By Sergio Grout

Southern First Bancshares, Inc. (NASDAQ:SFST) Corporate Logo

During Q1 2018 the big money sentiment decreased to 1.17. That’s change of 0.48, from 2017Q4’s 1.65. 3 investors sold all, 21 reduced holdings as Southern First Bancshares, Inc. ratio dived. 23 increased positions while 5 funds bought positions. Funds hold 4.95 million shares thus 1.31% more from 2017Q4’s 4.88 million shares.

Raymond James & Assoc has 0.01% invested in Southern First Bancshares, Inc. (NASDAQ:SFST). 900 were accumulated by Strs Ohio. Geode Limited Liability, Massachusetts-based fund reported 64,139 shs. Brown Brothers Harriman & owns 1,108 shs or 0% of their US capital. Texas-based Dimensional Fund L P has invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST). Ameritas Inv Prtnrs accumulated 447 shs. Wells Fargo & Mn has invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST). Greenwood Capital Associate Limited Co owns 6,467 shs or 0.07% of their US capital. Massachusetts-based Rhumbline Advisers has invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST). California State Teachers Retirement Systems invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST). Emerald Mutual Fund Advisers owns 0.12% invested in Southern First Bancshares, Inc. (NASDAQ:SFST) for 71,032 shs. Royal Bancshares Of Canada accumulated 7,860 shs. Acadian Asset Mngmt Ltd accumulated 3,351 shs. Moreover, Basswood Capital Management Limited Com has 0.25% invested in Southern First Bancshares, Inc. (NASDAQ:SFST). New York-based State Common Retirement Fund has invested 0% in Southern First Bancshares, Inc. (NASDAQ:SFST).

Southern First Bancshares, Inc. registered $1.31 million net activity with 0 buys and 12 insider sales since January 26, 2018. 9,983 shs were sold by SEAVER R ARTHUR JR, worth $468,194. On Wednesday, January 31 a trade for 3,893 shs valued at $169,346 was made by Strickland F Justin. On Tuesday, February 27 Shares for $21,750 were sold by Dowling Michael D. $18,505 worth of stock was sold by ELLEFSON ANNE S on Monday, April 30.

Sandler O’Neill Lowered Southern First Bancshares (NASDAQ:SFST)’s Rating to “Hold”.

Sandler O’Neill has changed Southern First Bancshares (NASDAQ:SFST)‘s rating to “Hold” from “Buy”. The decrease was made public in a research report on 26 June.

The stock decreased 1.63% or $0.75 during the last trading session, touching $45.35.Currently Southern First Bancshares, Inc. is uptrending after 34.76% change in last June 27, 2017. SFST has also 7,306 shares volume. The stock outperformed the S&P 500 by 22.19%.

On July, 24. Investors expect Southern First Bancshares, Inc. (NASDAQ:SFST) to report its quarterly earnings, as reported by Faxor. earnings per share of $0.67 is 36.73 % up from 2017’s $0.49 EPS. In case of $0.67 earnings per share SFST’s profit could reach $4.95M. Last quarter $0.67 earnings per share was reported. Analysts forecasts 0.00 % EPS growth this quarter.

Southern First Bancshares, Inc. operates as the bank holding firm for Southern First Bank that provides various banking services and products to general public in South Carolina, North Carolina, and Georgia.The company has $334.76 million market cap. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits, including daily money market accounts and certificates of deposit.The P/E ratio is 25.77. The company's loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit.

There’s a significant Southern First Bancshares, Inc. (NASDAQ:SFST) news posted by Nasdaq.com. It’s an article titled: “Research Report Identifies Corbus Pharmaceuticals, Retrophin, Charter Financial, HighPoint Resources, Southern …” on June 06, 2018.

Southern First Bancshares, Inc. (NASDAQ:SFST) Institutional Investors Chart

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